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News on The 700 Club: January 12, 2016

As seen on "The 700 Club," Jan. 12: Defending his legacy: Obama's final State of the Union; Gas prices predicted to plummet, could bankrupt oil producers; Terrorists target tourist Site in Instanbul, Mall in Baghdad; and more. Read Transcript

Well, folks, I can blame it on football.

I didn't get enough sleep last night.

But Alabama and the guys from Dabo Swinney's team, it

was quite a game.

You didn't see it, did you?

I was reading Joel Rosenberg's book.

Well, that gives you a pass.

But anyhow, it was a tremendous game.

The Swinney folks were ahead, and then

Alabama kicked an onside kick, and it went up in the air,

and went just past the 10-yard mark,

and the Alabama guy caught his own kick-- well, not his kick,

but one of the team.

And that set up for a touchdown.

And from then on-- but it was only about three points

or so that separated them.

But it was a--

That's why we love the game.

It only takes one play.


This was a good game.

This was a good game today.

It's heartbreaking for those folks on the other side.

But Nick Saban is a tremendous coach,

and this was his fourth national championship, I think.


Anyhow, so that's my football story.

And yes, I didn't get enough sleep.

So President Obama is giving his-- excuse

me, his last State of the Union.

That will give us a chance to get some sleep.

And he believes that America should

continue with the policies that he has set in place.

But Republicans say those policies have hurt, not

helped our economy.

Voters are already looking ahead,

trying to decide who the next president will be.

And polls show very tight races in both parties.

Heather Sells has the story.

I have no more campaigns to run.

HEATHER SELLS (VOICEOVER): The president is no longer

running for office, but he is running a campaign

to defend his record and argue that his policies should

continue after he leaves the White House.

He is expected to highlight the economy

tonight, a 5% unemployment rate, and what he calls strong job

creation in 2015.


point out that the recovery under President Obama

has been weak by historical standards.

One reason why-- the administration's

heavy government regulation, which has hurt business.

On Monday, another coal company declared bankruptcy.

As The Wall Street Journal noted,

the coal industry has lost 40,000 jobs since 2008,

and 27 other companies have declared bankruptcy

in the last four years.

With the Iowa caucus just three weeks away,

voters are already looking ahead to consider the president's


I feel really good about where we are,

but I'm not taking anything for granted.

HEATHER SELLS (VOICEOVER): And the latest polls show she


In Iowa and New Hampshire, the democratic race

between Hillary Clinton and Bernie Sanders is tightening.

Some analysts believe Sanders may even

sweep the first two states.

On the Republican side, front runner Donald Trump still

has a strong lead nationally, but he's

facing tough competition in Iowa from Ted Cruz.

We will win the general election in November, 2016

and beat Hillary Clinton.

HEATHER SELLS (VOICEOVER): With the two candidates

just a few percentage points apart in the Iowa polls,

Trump is lowering expectations and diving

into retail politics.

The reason the other people do the small diners and everything

is because they can't get anybody to show up.

HEATHER SELLS (VOICEOVER): What the president

says tonight will help to set the stage

in Iowa and down the line.

Democrats are looking for a legacy

they can defend and build on, and Republicans

are looking to turn away from the president's policies

and cast a new direction for the country,

and hoping that voters will buy in.

Heather Sells, CBN News.

Thanks, Heather.

The word I hear-- and I don't know if it's true or not--

is that there is a coterie of people in the FBI

who know all the facts about those emails

that Hillary Clinton has been involved in and some

of the things that she has done.

And they basically say, if she isn't indicted,

we're going to resign from the FBI.

It will be a revolt, including possibly the head of the FBI.

So they can't do it to Petraeus on the one hand

and not do it to Hillary on the other.

And so she's facing a potential indictment.

And you can imagine a candidate from a major party going

into a major election under an indictment for violating

trade secrets or confidentiality and all the other things.

It's terrible.

Now, we talked about Arch Coal going bankrupt and other coal

companies going bankrupt.

But the thing is, in the oil business,

there's some thought that oil might very well go down

to $20 a barrel.

And when it does, there are going

to be many, many companies that are going to be bankrupt.

A lot of them already are declaring bankruptcy.

But oil prices are still falling.

They say that's good news for the consumer at the pump.

But it really isn't good news for the American economy.

John Jessop has that story.

Thanks, Pat.

Oil prices are getting closer to just $30 a barrel,

the lowest they've been in 12 years.

Many analysts have been looking for oil

to fall between $20 to $25 a barrel,

and some think it could go as low as $10 a barrel.

Others are raising the possibility

that the price of gasoline could fall close to $1 a gallon.

While that would make driving a lot cheaper,

the Wall Street Journal reports one research firm projects

that as many as 1/3 of US oil and gas producers

could head toward bankruptcy and restructuring

by the middle of next year.

The paper reports that producers are losing nearly $2 billion

a week at current prices.

An explosion today in a tourist area of the Turkish capital

Istanbul killed at least 10 people and wounded 15 more,

including foreigners from Germany, Norway, and Peru.

Turkey's president said the blast was caused by a suicide

bomber with ties to Syria.

That comes a day after ISIS terrorists in Iraq targeted

a shopping mall in Baghdad.

After setting off a car bomb, they launched a suicide attack

on the mall, killing 18 people and wounding 50 others.

Iraqi forces killed two of the gunmen and arrested four more.

Shortly after that, a back-to-back suicide attack

targeted a cafe in a town north of Baghdad,

killing at least 24 people.

Well, just as the president every year

delivers a State of the Union, the head

of the Family Research Council addresses

the state of the family.

And as Paul Strand reports, this year,

he sees some dangerous threats.


points to attacks against religious liberty as one

of the threats facing American families.

TONY PERKINS: The whole family is really

at the core of who we are as a people.

And that is really guided by our faith.

And as Christians, if we can't live according to our faith,

whether it's in the home, whether it's in the workplace,

in the school, then we really can't be the Americans

that we have the right to be.

FRC brought several individuals together here

to personify how religious liberty threats are coming

at families and believers from many different directions

these days.

PAUL STRAND (VOICEOVER): That included Kim Davis,

the Kentucky County clerk who went

to jail last year after refusing to issue gay marriage licenses.

If it comes to me, it's going to come to other people.

And families are at risk.


see the battle for gay marriage as a threat to the family?

The very intricate workings of family in itself is at risk,

and that's why this is so important.

Marriage is fundamental for families.

And if that breaks down, family is lost.

PAUL STRAND (VOICEOVER): Then there are the schools.

The ACLU accused Louisiana high school principal Jason

Rowland of unconstitutional religious proselytizing.

What did he do?

I was accused of wishing may God

bless you on our community and our school community.

PAUL STRAND (VOICEOVER): Rowland worries

what's ahead for American culture if something that small

leads to lawsuits.

It's a tragedy for America if that's

going to be something that people begin

to-- that you're offended at?

Our opponents seek to limit our freedom of speech,

because they fear it's power.


Perkins emphasized how all our freedoms

hang on religious freedom.

The freedom of expression is the very essence of liberty.

But there can be no liberty in America

without religious liberty.

In our hearts, we know this to be true.


reporting from the Family Research Council.

Thanks, Paul.

And Pat, as you've mentioned time and again,

religious liberty is the first freedom

outlined in the Bill of Rights.

There's no question about it.

But the papers have ignored that,

and they said that press freedom is the most important.

Not really.

The Bible says Congress-- the Constitution says

Congress shall pass no law respecting

the establishment of religion or prohibiting the free exercise.

We just haven't had any free exercise cases worthy

of the name.

All of the cases have dealt with establishment--

this is establishment, this is separation,

and blah, blah, blah.

But we haven't really dealt with it.

It would be nice if the Supreme Court took one

on free exercise.

Well, the diet experts said we had it wrong so often.

The food pyramid that was set up by some lawyer

instead of a health expert-- that's

where the Agriculture Department got their food pyramid.

It's all been overturned, changed year after year.

We eat what they tell us, and then they

say, oops, we've made a mistake.

Now it looks like the latest is not so much fat.

Do you remember, you've got to-- you can't have fat,

but you can have this is low fat, and low fat

yogurt and everything.

But it's loaded with sugar.

But it didn't make any difference now.

Now they're saying, whoops, we made a mistake.

The culprit is sugar.

And I really believe they're on to something

having to do with diabetes, the type 2 diabetes, adult onset

diabetes, and so forth.

And the production of insulin through the pancreas--

the pancreas gets exhausted.

And because we keep throwing the sugar at it, it ruins it.

Well, sugary drinks now may be linked to an alarming

rise in another kind of fat.

Cab you believe that?

Sugary drinks-- a study from the American Heart Association

has shown that people who drink a sugar-sweetened beverage

every day gained-- get this-- 30% more visceral fat over six


And what's visceral fat?

Well, that's not necessarily overall,

but it's the stuff close to your organs.

And that, of course, can cause diabetes and other conditions.


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